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Actuaries are the world’s financial architects and engineers. Their expertise is vital to the management of pension funds, general insurance companies and investment by financial institutions. On this course you’ll learn how to tackle the uncertainties of future events using mathematics, probability and statistics to create models and simulations. This degree will provide you with the technical skills needed for a career as an actuary.
The BSc Mathematics with Actuarial Science degree combines a programme of maths with key topics from economics, finance and actuarial science. You’ll investigate the applications of mathematics in a variety of contexts.
As part of this course you’ll:
develop analytical and problem-solving skills, alongside expertise in the statistical analysis of risk
specialise in statistics and actuarial science
use our student centre, a dedicated learning and social space for maths students
use mathematical and computational packages such as Python and the statistics package R
You’ll be taught through a combination of lectures and workshops by leading researchers in statistical modelling and experts in actuarial and financial mathematics.
This degree is accredited by the Institute and Faculty of Actuaries (IFoA). You'll be eligible for 6 exemptions from the core principles:
Actuarial Statistics (CS1 and CS2)
Actuarial Mathematics (CM1 and CM2)
Business Finance and Economics (CB1 and CB2)
This is the maximum number of IFoA actuarial exemptions available on any undergraduate programme.
Entry requirements
Pass, with 34 points overall with 17 points at Higher Level
English language requirements
The University of Southampton accepts the following UKVI secure English Language Tests:
Indian Standard XII in English Language (CBSE and ISC Boards)
Grade: 70% or above
IELTS score requirements: overall score 6.5
University Type | Research |
Tuition fees for Undergraduate Programs | 18,520- 24,950 GBP |
Tuition fees for Postgraduate Programs | 16,150 - 26,850 |
Year of Establishment | 1862 |
Exams accepted | TOEFL,IELTS, PTE, |
No. of Campus | 7 |
Types of course offered | Undergraduate, Postgraduate, Foundation Year and Pre-sessional English language courses |
Official website | https://www.southampton.ac.uk |
For international candidates aspiring to study in the UK, it is mandatory to have an estimate of the cost of living at the university on-campus/ off-campus. The list of basic expenses to be considered for applying for admission at the institute is as detailed below.
Particulars | Estimated Costs (in GBP) |
---|---|
Tuition Fees for Undergraduate Programs | 18,520- 24,950 |
Tuition Fees for PG Taught Courses | 16,150 - 26,850 |
Tuition Fees for PG Research | 17,592 - 24,400 |
Accommodation | 540 |
Mobile phone and internet | 27 |
Transport (train and taxi) | 80 |
Food shopping | 74 |
Takeaways and snacks & Beverage | 33 |
Interests and hobbies | 46 |
Clothing | 42 |
Personal care | 12 |
Holidays and flights | 90 |
Bank charges and fees | 30 |
Other expenses | 21 |
Average monthly expenses | 1010 |
Tuition Fees in USA (1st Year Average) | BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176 |
Average Accomodation & Food Costs in USA | USD 700 to 1000 Per Month |
Entrance Exams in USA | TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177 |
Work and Study in USA | Permitted for 20 hours/week with a valid study permit. Know More |
Post Study Work Permit in USA | One to Two Years after graduation depending on the course. |
Cost of Student Visa in USA | USD 160 |
Student Visa in USA | F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More |
Intakes in USA | There are Three Intakes in USA: Fall (August-September), Spring (January) Know More |
Top Job Sectors in USA | Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance. |
Economy in USA | GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal |